Steel Mills' Profit Margins to Fluctuate at a Low Level in March amid the Simultaneous Rise in Prices of Raw Materials and Steel

Published: Mar 14, 2023 17:18
Source: SMM
In March, steel and raw material prices are expected to increase on the upcoming consumption boom and the peak operating rates of steel mills.

SHANGHAI, Mar 14 (SMM) - In March, steel and raw material prices are expected to increase on the upcoming consumption boom and the peak operating rates of steel mills. The profits of steel mills will mainly fluctuate at a low level.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Steel Mills' Profit Margins to Fluctuate at a Low Level in March amid the Simultaneous Rise in Prices of Raw Materials and Steel - Shanghai Metals Market (SMM)